Market Activity & Analysis

The US hide market continues to track at a slow pace with limited sales and price changes. Similar to last week, there are plenty of steer hides offered; however, cow hides are somewhat scarce and subsequently prices more firm than steer hides. The steer market may be in a stalemate with buyers unable to buy cheaper and sellers unable to get prices up—hence steady for the moment. Everyone is still looking for feedback on leather demand…